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Malcolm Young, guitarist and founding member of AC/DC, died early this morning at the age of 64 following a battle with dementia. Young had been suffering with the disease for the past three years, which was the root cause of his early retirement from the legendary Australian rock outfit which he co-founded in 1973 with his brother Angus Young.

“Today it is with deep heartfelt sadness that AC/DC has to announce the passing of Malcolm Young,” AC/DC wrote in a statement.

“Malcolm, along with Angus, was the founder and creator of AC/DC. With enormous dedication and commitment he was the driving force behind the band. As a guitarist, songwriter and visionary he was a perfectionist and a unique man. He always stuck to his guns and did and said exactly what he wanted. He took great pride in all that he endeavored. His loyalty to the fans was unsurpassed.”

Angus Young added, “As his brother it is hard to express in words what he has meant to me during my life, the bond we had was unique and very special. He leaves behind an enormous legacy that will live on forever. Malcolm, job well done.”

In an separate statement published by Australia’s SBS, the band said that Malcolm Young died peacefully Saturday with his family by his side. The duo’s brother George Young, who was credited with producing a majority of the band’s discography, also passed away at the age of 70 just last month according to Rolling Stone.

The prolific Rock and Roll Hall of Fame-inducted band is known for some of the biggest rock hits to date, including “Highway to Hell,” “Back In Black,” and “Thunderstruck.” You can watch the official music video for “Thunderstruck” below, which features Malcolm’s iconic guitar intro:

Michael is a music and television junkie keen on most things that are not a complete and total bore. You can follow him on Twitter — @Tweetskoor